U.S. markets closed
  • S&P 500

    4,128.80
    +31.63 (+0.77%)
     
  • Dow 30

    33,800.60
    +297.03 (+0.89%)
     
  • Nasdaq

    13,900.19
    +70.89 (+0.51%)
     
  • Russell 2000

    2,243.47
    +0.87 (+0.04%)
     
  • Crude Oil

    59.34
    -0.26 (-0.44%)
     
  • Gold

    1,744.10
    -14.10 (-0.80%)
     
  • Silver

    25.33
    -0.26 (-1.02%)
     
  • EUR/USD

    1.1905
    -0.0016 (-0.13%)
     
  • 10-Yr Bond

    1.6660
    +0.0340 (+2.08%)
     
  • GBP/USD

    1.3707
    -0.0028 (-0.20%)
     
  • USD/JPY

    109.6300
    +0.3660 (+0.33%)
     
  • BTC-USD

    59,717.95
    -771.09 (-1.27%)
     
  • CMC Crypto 200

    1,235.89
    +8.35 (+0.68%)
     
  • FTSE 100

    6,915.75
    -26.47 (-0.38%)
     
  • Nikkei 225

    29,768.06
    +59.06 (+0.20%)
     

First Interstate BancSystem: 1Q Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

BILLINGS, Mont. (AP) _ First Interstate BancSystem Inc. (FIBK) on Thursday reported first-quarter net income of $41.6 million.

The bank, based in Billings, Montana, said it had earnings of 69 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 72 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

First Interstate BancSystem shares have risen 15 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $41.95, an increase of almost 5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIBK at https://www.zacks.com/ap/FIBK